Robinson Weeks Partners’ David Welch and CBRE’s Chris Riley discuss market opportunities and challenges in the industrial real estate sector. Chris will be leaving CBRE to join Robinson Weeks in a senior position effective June 1.
Share these insights on industrial & logistics real estate:
1. E-commerce helped the industrial sector grow, but a spate of development has created challenges.
2. Large-scale redevelopment projects, such as transforming former military bases, can yield substantial returns but require flexible planning, environmental cleanup and, often, partnership with the public sector.
3. Modern industrial buildings are designed with increased clear heights and advanced lighting to meet present and future occupier needs.
4. Highway and transportation access, utilities availability and environmental regulations are some of the critical factors in industrial site selection.
5. Staying informed about local regulations, zoning restrictions and community sentiments is vital for securing project entitlements.